Exchanges see less BTC and ETH. Holders continued to increase despite the decline on exchanges. As an analyst with a background in cryptocurrency and market trends, I find the recent data on Bitcoin (BTC) and Ethereum (ETH) balances on exchanges intriguing. The decline in their availability for trading suggests increasing scarcity, which could be attributed … Read more
As an analyst with a background in technology and economics, I see this development between Marathon Digital and the Kenyan government as a significant step forward for crypto adoption in Africa. Marathon’s expertise and experience in the crypto mining industry could help Kenya navigate the complex regulatory landscape and harness the vast potential of crypto … Read more
As an experienced analyst, I believe that Bitcoin’s (BTC) recent price recovery above $65,000 is a promising sign for the cryptocurrency market. The 3.45% surge from its lows of $63,340 on May 6 indicates a strong buyer interest in the market. During the early trading hours in Asia on May 6, Bitcoin’s (BTC) value reached … Read more
As a researcher with experience in the cryptocurrency and financial markets, I find the underperformance of Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs) during their first week of launch to be a less significant development than the U.S. counterparts’ launches. The reason is that the Hong Kong equities sector is much smaller in … Read more
As a researcher with a background in finance and experience following the fintech industry, I find Block’s (formerly Square) announcement of a private placement for senior notes to be an intriguing development. The company’s shares responded positively to this news, reflecting investors’ confidence in its financial position and growth prospects. On May 6, Block, previously … Read more
WLD outperformed every other token in the top 100. Rising volume and developments on the network indicated a possible increase to $8. As a seasoned crypto investor with years of experience in the market, I’ve witnessed my fair share of price swings and market trends. The recent surge in Worldcoin (WLD) has caught my attention, … Read more